‘Codfather’ Rafael indicted, gov’t could seize permits in case of guilty verdict
Carlos Rafael, known as the 'Codfather' in the US east coast fishing sector, has been indicted by prosecutors for allegedly lying about catches and smuggling cash to Portugal
Prosecutors given extension of deadline to indict Rafael
Prosecutors have received an extension of the deadline to indict US fishing sector mogul Carlos Rafael
Rafael released on $1m bond
Carlos Rafael, the US fishing sector mogul accused of running a massive illegal fishing scam, has been released on a $1m bond
Sources: Feds seize documents from Rafael’s alleged New York buyer
Documents reportedly taken by US federal agents from South Street Seafood, owned by a Michael Perretti, said to be Carlos Rafael’s buyer named in affidavit
NGO: Rafael’s alleged groundfish scam show need for at-sea monitoring
Allegations make it clear NOAA must start effective fishery monitoring system, not continue the underfunded program it has had in place for years, says EDF
Worries in New Bedford over impact from Rafael’s arrest on groundfish sector
Although Rafael’s is innocent until proven guilty, various stakeholders in New Bedford fear far-reaching impact on sector
Rafael valued business $154m over book level due to illegal fish sales, feds allege
Despite having only $21m in assets on his books, Rafael valued his business at $175m due to the amount of illegally caught fish he was selling, feds allege
Feds: Rafael told undercover agents he’s been running fraud scheme for 30 years
While allegedly trying to sell his firm for $175m to federal agents posing as Russian mobsters, Carlos Rafael reportedly said he’s has run a fraud scheme for over 30 years
Rafael arrested; feds posed as organized crime figures looking to buy him out
Carlos Rafael and his bookkeeper charged in a criminal complaint with submitting falsified records to the federal government and conspiracy
In pictures: Aboard a Carlos Seafood scallop boat in New Bedford harbor
Take a tour with Undercurrent News aboard a Carlos Seafood scallop boat in New Bedford Harbor